BA has had to poach £300m from the pension fund after it set aside £350m for the payment of fines in 2007-08. How nice it would be to have had that money now, rather than it being squandered on the alleged criminal activities of BA senior managers
Once again, how much of the fine has been offset by excess profit? Can you tell us? If not then don't use it as an argument. It was also factored in well before the downturn. Ironically BA has kept a large chunk of the profit from the previous year (where WW took over) as a buffer against the downturn.
Business is a gamble, some things pay off some things don't. What dictates the state, current and future, of any business is the bottom line and, at the moment, the BA bottom line is, at least, stable due to expeditious financial handling of the companies accounts and backing from the major investors .
Sorting out fluctuating, militant and overbearing unions has to be a priority.